Business News

Tax reforms will end revenue leakages – says Tinubu

By Abubakar Yunusa President Bola Tinubu says his administration’s economic reforms are aimed at confronting structural weaknesses, restoring fairness, and rebuilding confidence in public...

IMF cuts Nigeria’s 2026 growth outlook to 4.1%

By Abubakar Yunusa The International Monetary Fund (IMF) has cut Nigeria’s economic growth forecast for 2026 by 0.3 percentage points, lowering it from 4.4% to...

Petrol imports jump 97% as consumption drops in March

By Abubakar Yunusa Nigeria’s importation of Premium Motor Spirit surged by 96.7 per cent in March 2026, despite a notable increase in domestic supply, fresh...

IMF projects Nigeria’s growth to hit 4.3% by 2027

By Abubakar Yunusa The International Monetary Fund has projected that Nigeria’s economy will grow by 4.3 per cent in 2027, surpassing growth forecasts for...

World economy risks recession if US-Israel/Iran war persists – IMF

By Ochiaka Ugwu International Monetary Fund (IMF) has warned that global economy risks recession if the US-Israel/Iran war continues with high energy prices persisting. The global...

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